Render (RNDR) and Tron (TRX) Struggle with Price Retracement, while Pullix (PLX) Attracts over 15K Users ahead of Launch
Photo: Pullix
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/Pullix/ – While certain cryptocurrencies are benefiting from the start of a new month and experiencing positive movements, others are encountering challenges in achieving price corrections or reaching new highs.
Render token and Tron coin, despite seeing significant price increases recently, have faced difficulties as reflected in their weekly trajectories. Tron is particularly decreasing in TVL, but the price has been fighting fluctuations lately. Meanwhile, Pullix is gathering adoption easily as it has recorded over 15k registrants in its ongoing token presale.
Render Token (RNDR) Is Taking a Bullish Turn amid Fluctuations
Despite a series of fluctuations in the past 7 days, Render is proving strong as it has accumulated over 24.70% gains, maintaining a bullish price trajectory. Render market cap has also increased by 6.32% raising its value to over $1.8 billion.
Render is currently pricing at a weekly range of $3.9 to $4.9. While the crypto m hit $5.0 a few hours ago, it is still predominantly hovering around the aforementioned range. However, Render is positioned for a continued rise above critical levels.
Render is currently among the top crypto coins to explore on the market. It might be a good coin to consider if you’re looking to diversify with other altcoins that can potentially be 10x this year.
Tron (TRX) Struggles to Appreciate To as It Maintains a Bullish Flight
Tron is currently facing bearish pressure as of February 3rd, the crypto has been on a bullish trend this week. While Tron is losing 0.93% in value, it has been able to achieve a 5.99% gain in the past 30 days and another 1.40% in the past 7 days.
While Tron coin is losing by 35.67% in trading volume. The crypto has been able to maintain a positive price trajectory that may potentially recover its market cap which has just dropped by 0.94% to a current value of $10.2 billion.
While Tron positions as one of the top crypto coins with the largest market caps, investors can consider it a profitable investment in the long run. However remember to DYOR and watch market trends closely before making any buy or sell decisions.
Pullix (PLX) Interest More Investors as It Approaches Its Launch Date
Venturing into the blockchain domain, Pullix (PLX) emerges as a groundbreaking hybrid cryptocurrency platform, intertwining DeFi and CeFi elements to address liquidity issues in both DeFi and exchange markets. Set to launch in March, Pullix poses a good crypto to buy for potential price rally.
The PLX token lies at the core of the Pullix DeFi ecosystem, serving as an essential element for users interacting with the platform. Pullix particularly takes proactive measures to ensure the stability of PLX by allocating a portion, ranging from 10% to 30%, of the platform’s daily revenue to support this altcoin.
This strategic initiative not only addresses market volatility but also positions PLX as an attractive cryptocurrency investment.
With more promising prospects in stock, Pullix is positioned as a top crypto investment for the year, backed by impressive stats. Currently selling at $0.10 in the seventh stage of its token presale, the crypto project has successfully raised over $4.8 million. Meanwhile, early investors have now recorded 150% ROI considering the token was initially sold for just $0.04.
Regardless, the current price offers a good entry point for potential investors. The reason is because the project adopts a dynamic pricing model that ensures that the token price increases with each new stage. Thankfully, the presale is expected to advance through one more stage before the long-awaited launch in March, making now a good time to participate.
Gaining recognition for its widespread user engagement, Pullix boasts a substantial community of 15,000 users. Its distinguishing features include the innovative Profit Share Model, providing a unique incentive structure, and a notable ability to tackle liquidity challenges effectively.
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